As of 07/01/08 Diary is now exclusively following the Iron Clad Options Network's (IcON) Trading Strategy. IcON trades exclusively in market neutral Iron Condors on the Russell 2000 Index (RUT). Strategy aims to return 5-12% on capital every 4-6 weeks. Accounting for 1 or 2 difficult months per year, strategy intends to return 50-80+% annually.
So my newswire was a little late, but the gap up on MSTR was due to new agreement to provide services for ProcessMAP. We'll see if the markets reaction to this one deal is stronger than the downward technicals.
posted by Jerome @ 9:58 PM
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